| Madhya
Pradesh - 'Bidi' exempted from VAT in MP
The
Madhya Pradesh Government today announced exempting 'bidi'
from VAT and auctioning of 'nazool' and 'non-nazool'
land after amending the Revenue Book Circular.
The
decisions were taken a cabinet meeting chaired by Chief
Minister Shivraj Singh Chouhan, Parliamentary Affairs
Minister Narottam Mishra told reporters here. The
meeting decided to make necessary amendments in the RBC
for disposing off 'nazool' and 'non-nazool' land through
auctioning. A committee headed by the Divisional
Commissioner with the district Collector as its member
would be formed for identifying and disposing 'nazool'
land having site value. Approval for auctioning the
identified 'nazool' land would be granted after the
report prepared by concerned departments was examined by
the Revenue Department. The meeting sanctioned
Innovation Encouragement Policy for encouraging
creativity at various levels. A detailed project report
has to be presented before the state Planning Board for
the proposed innovation for examination. Later, the
report would be presented before a competent committee
for approval. Mishra said the meeting decided that four
per cent VAT being imposed on 'bidi' at present should
be ended.
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Regarding
the Excise policy, the meeting decided to fix Rs 30,000
and Rs 15,000 as license fee for business club in urban
and rural areas respectively. Besides, a decision was
taken to grant permission for the sale of foreign liquor,
having ex-godown price of more than Rs 600 per case, at
restaurant and bars. The decision would be effective from
July 1. The cabinet has also approved the revised family
pension scheme as per the recommendations of the
Brahmaswaroop committee in order to reduce the difference
occurring in the pension and family pension cases
belonging to retired or deceased employees before January
1, 1996. The meeting decided to cancel the lease of five
acre land of the closed umbrella industry of the state
Industrial Corporation in MHOW and transfer it to
Pithampur Auto Cluster Ltd.
The
meeting decided to cancel the contract of the Ratlam
Alcohal and Carbon Dioxide Plant with M S G Distilleries
and provide the benefit of voluntary retirement to
labourers. Sanction was accorded for the revised capital
share of Rs 610.92 crore with regards to increase in the
estimated cost of the Sanjay Gandhi Thermal Power Station
expansion unit no 5 (2x500) MW worth Rs 2,300 crore. The
cabinet has also approved a loan worth Rs 2,730 crore,
sanctioned by M/S PFC, for 2,000 MW Malwa thermal power
project in Purni village of Khandwa district. Likewise,
security of online assets in place of state government's
guarantee and Rs 810.6 crore as share capital for
financial assistance to the project has been accorded
approval in the cabinet. The cabinet has also accorded
approval for filling up the vacant positions in panchayat
and rural development department through public service
commission. With this, 29 posts of assistant engineers and
seven posts of block development officers would be filled
up.
Source :
Central Chronicle - Bhopal, India, dated 25/04/2007
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